Financial Updates &

Press Releases

Updates

May 4, 2020

GENCOR RELEASES SECOND QUARTER FISCAL 2020 RESULTS

FOR IMMEDIATE RELEASE: May 4, 2020 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $26.0 million for the quarter ended March 31, 2020 compared to $26.7 million for the quarter ended March 31, 2019. Gross margins for the quarter ended March 31, 2020 were 28.2% compared with 37.2% for the quarter ended March 31, 2019. The gross margins achieved in…

January 31, 2020

GENCOR RELEASES FIRST QUARTER FISCAL 2020 RESULTS

FOR IMMEDIATE RELEASE: January 31, 2020 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $18.0 million for the quarter ended December 31, 2019 compared to $21.3 million for the quarter ended December 31, 2018. Gross margins were 24.0% for the quarter ended December 31, 2019 compared to 23.1% for the quarter ended December 31, 2018. The improved gross margins resulted…

December 11, 2019

GENCOR RELEASES FOURTH QUARTER AND FISCAL YEAR 2019 RESULTS

FOR IMMEDIATE RELEASE: December 11, 2019 (PRIME NEWSWIRE) – Gencor Industries, Inc., (NASDAQ: GENC) announced today net revenue for the quarter ended September 30, 2019 decreased 29.5% to $14.5 million compared to $20.5 million for the quarter ended September 30, 2018. Gross profit as a percentage of net revenue decreased to 19.6% for the quarter ended September 30, 2019 from 31.8% for the quarter ended…

August 2, 2019

GENCOR RELEASES THIRD QUARTER FISCAL 2019 RESULTS

FOR IMMEDIATE RELEASE: August 2, 2019 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $18.8 million for the quarter ended June 30, 2019 compared to $24.1 million for the quarter ended June 30, 2018. Gross margins were 25.2% for the quarter ended June 30, 2019 compared to 26.6% for the quarter ended June 30, 2018, as the benefit from the…

May 3, 2019

GENCOR RELEASES SECOND QUARTER FISCAL 2019 RESULTS

FOR IMMEDIATE RELEASE: May 3, 2019 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $26.7 million for the quarter ended March 31, 2019 compared to $30.8 million for the quarter ended March 31, 2018. Gross margins increased 880 basis points to 37.2% for the quarter ended March 31, 2019 from 28.4% for the quarter ended March 31, 2018, as a…

February 1, 2019

GENCOR RELEASES FIRST QUARTER FISCAL 2019 RESULTS

FOR IMMEDIATE RELEASE: February 1, 2019 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues of $21.3 million for the quarter ended December 31, 2018 compared to $23.1 million for the quarter ended December 31, 2017. Gross margins were 23.1% for the quarter ended December 31, 2018 compared to 22.0% for the quarter ended December 31, despite higher raw material costs, as…

December 13, 2018

GENCOR RELEASES FOURTH QUARTER AND FISCAL YEAR 2018 RESULTS

FOR IMMEDIATE RELEASE: December 13, 2018 (PRIME NEWSWIRE) – Gencor Industries, Inc., (NASDAQ: GENC) announced today net revenue for the quarter ended September 30, 2018 increased 10.7% to $20.5 million compared to $18.6 million for the quarter ended September 30, 2017. Gross profit as a percentage of net revenue increased to 30.9% for the quarter ended September 30, 2018 from 19.7% for the quarter ended…

August 2, 2018

GENCOR RELEASES THIRD QUARTER FISCAL 2018 RESULTS

FOR IMMEDIATE RELEASE: August 2, 2018 (PRIME NEWSWIRE) – Gencor Industries, Inc. (Nasdaq: GENC) announced today net revenues increased slightly to $24.1 million for the quarter ended June 30, 2018 compared to $23.7 million for the quarter ended June 30, 2017. Gross margins were 26.6% for the quarter ended June 30, 2018 compared to 28.2% for the quarter ended June 30, 2017 as material costs…